Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $562.99 and last traded at $542.5830, with a volume of 6936792 shares traded. The stock had previously closed at $537.37.
Key Stories Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD continues to benefit from upbeat long-term AI demand commentary, with analysts and market commentators pointing to expanding opportunities in data centers, AI infrastructure, and server CPUs. This Overlooked AI Growth Story Is Far From Over, Says Top Analyst Stacy Rasgon
- Positive Sentiment: Recent coverage highlighted AMD’s growing AI footprint after its MEXT acquisition, which could strengthen its memory strategy and broaden its role beyond GPUs and data-center CPUs. With Its MEXT Acquisition, Advanced Micro Devices Stock Could Rally to Higher Highs
- Neutral Sentiment: Several articles noted that AMD’s recent operating results remain strong, including revenue growth and solid data center momentum, suggesting the stock’s weakness is not tied to a deteriorating business outlook. AMD Stock Slides Despite the Chipmaker’s Supercomputer Gains
- Negative Sentiment: AMD was hit by a broad semiconductor and AI-stock pullback, with traders taking profits and reacting to higher-rate concerns and a weaker risk appetite across tech. Nvidia, AMD, and Micron Slide as Global AI Stock Sell-Off Hits Chip Sector
- Negative Sentiment: Multiple market recaps described AMD as falling alongside other chip stocks during a global tech selloff, reinforcing that today’s move is being driven by sector rotation rather than company-specific news. NVDA, MU, AMD, INTC: Why Are AI Chip Stocks Declining Today, June 23, 2026?
Analyst Ratings Changes
Several equities research analysts recently issued reports on the company. Melius Research set a $540.00 price target on Advanced Micro Devices in a research note on Monday, May 18th. Zacks Research lowered Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 3rd. Erste Group Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Thursday, April 2nd. KeyCorp upped their target price on Advanced Micro Devices from $330.00 to $530.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Finally, TD Cowen increased their target price on Advanced Micro Devices from $500.00 to $600.00 and gave the stock a “buy” rating in a report on Monday, June 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $430.68.
Advanced Micro Devices Trading Down 5.8%
The company has a market capitalization of $847.67 billion, a price-to-earnings ratio of 170.44, a P/E/G ratio of 1.63 and a beta of 2.50. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average price is $428.95 and its two-hundred day moving average price is $290.18.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The firm’s quarterly revenue was up 37.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.96 EPS. On average, equities analysts predict that Advanced Micro Devices, Inc. will post 6.15 earnings per share for the current fiscal year.
Insider Activity at Advanced Micro Devices
In other news, Director Nora Denzel sold 8,626 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the transaction, the director directly owned 87,173 shares in the company, valued at approximately $45,504,306. This represents a 9.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the business’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total value of $8,406,691.80. Following the sale, the executive vice president owned 324,527 shares in the company, valued at $140,000,947.80. This represents a 5.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 378,032 shares of company stock valued at $161,876,596. 0.50% of the stock is owned by company insiders.
Institutional Trading of Advanced Micro Devices
Several hedge funds and other institutional investors have recently made changes to their positions in AMD. Vanguard Group Inc. increased its position in Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after acquiring an additional 2,525,109 shares during the period. State Street Corp lifted its holdings in shares of Advanced Micro Devices by 1.5% during the fourth quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock worth $16,044,712,000 after purchasing an additional 1,094,835 shares during the period. Geode Capital Management LLC grew its stake in shares of Advanced Micro Devices by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock worth $8,015,897,000 after purchasing an additional 287,525 shares during the last quarter. Norges Bank acquired a new stake in Advanced Micro Devices in the fourth quarter valued at $4,929,312,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in Advanced Micro Devices by 0.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock valued at $4,352,864,000 after purchasing an additional 55,969 shares during the period. 71.34% of the stock is currently owned by institutional investors.
Advanced Micro Devices Company Profile
Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.
Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.
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